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SC Capital, CapitaLand launch UAE industrial fund with RAK industrial park project
The park will target high-tech and smart manufacturing enterprises, particularly from Asia
Beco Capital launches USD 120 mn early-stage fund and USD 250 mn growth fund for Gulf startups
The raise includes the USD 120 mn Beco Fund IV, the firm’s fourth early-stage vehicle, and a USD 250 mn…
Adia backs GL Capital’s continuation vehicle for SciClone Pharma + MGX invests in DataBricks, OpenAI again
GL Capital first invested in SciClone in 2012
MGX takes stake in TikTok alongside Oracle, Silver Lake
The transaction reportedly values the business at USD 14 bn
Presight, Shorooq launch USD 100 mn global AI fund
The fund will target AI, machine learning, and data analytics startups across multiple sectors
Dubai first globally for greenfield FDI volumes in 1H
The emirate saw 643 greenfield projects during 1H, making it the highest number recorded by fDI Markets for a six-month…
UAE directed USD 106.5 bn into green FDI between 2020-24 -strategy&
The funds were mainly allocated to Mauritania, Egypt, South Africa, Spain, and India
UAE-based Pulsar backs Solmate, dual listing in the UAE on the cards
The firm holds stakes in sports teams
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